Mises Daily
Author:
Adam Vass Gal
Online Publish Date:
The article is adapted from Adam Vass Gal’s new book Generational Poverty: An Economic Look at the Culture of the Poor (2015) from Vernon Press. When examining cyclical poverty, it is important to study the typical tendencies of people that have generational success. Some like to equate financial success to a level of work ethic, and assume the